Peach Pilot
SafeLife Chargeback Analysis — Preliminary Findings

Cost of Chargebacks at SafeLife

An independent analysis of 3,909 life insurance policies sold across 13 carriers, 210 agents, and 12+ months of commission data.

$1,256,379
Dollars clawed back
33.51%
Policy CB rate — full book
42.04%
CB rate — 6+ month policies
1,310
Total chargebacks
28.2%
Commission dollars clawed back
$959.07
Avg clawback per policy
Chart 1 of 4

12-Month Chargeback Trend

Monthly CB dollars (bars) and CB rate % (line) for policies sold May 2025 – Jun 2026. Grayed months have insufficient time to mature — their rates will rise as policies age.

Source: PhaseThree/tables_v3/cb_by_sale_date.csv. Life policies only; annuities excluded. Mature = sold before Mar 2026 (3+ months to chargeback). CB rate = chargebacks / policies sold that month.

Carrier Breakdown

CB rates range from 5.6% to 48.8% across carriers — a 9× spread. Volume and rate together determine where intervention has the most leverage.

CB rate ranges from 5.6% to 48.8% across carriers

Carrier Policies Sold CB Count CB Dollars CB Rate

Source: SSoT_Consolidated.xlsx — computed directly from raw rows. Life policies only; annuities excluded. 13 carriers with 20+ policies shown; 9 smaller carriers (54 combined policies) omitted from table. Total book n = 3,909.

Key Patterns

Two consistent signals emerge across timing and size that shape where intervention will have the most leverage.

Timing

Most chargebacks hit within 60 days

41.8% of all chargebacks occur within 30 days of the sale. 66.6% land within 60 days. Count drops sharply after that — only 2.3% appear after one year. Early intervention carries the highest potential leverage.

Chargeback Size

Right-skewed with a long tail

Median chargeback is $713, but a small number of large chargebacks pull the mean up to $959. 90% of chargebacks are under $2,000. The largest single chargeback on record is $15,086. Count reduction and dollar reduction require different approaches.

Agent Team Performance
Upline CB Rates

3× spread across agent teams

CB rate varies dramatically by team — from 11.5% to 40.6% among identified uplines. The gap suggests practices and coaching quality are significant drivers.

    Min. 20 policies. "Unknown" upline (2,462 policies, 34.4%) excluded for clarity.

    Savings Potential

    Every eliminated chargeback returns $959 on average. Reducing the rate from 33% to 15% recovers over $670K — reaching the 5% target recovers more than $1M.

    5% Target
    $1,069,361
    Eliminate 1,115 chargebacks
    10% Target
    $881,383
    Eliminate 919 chargebacks
    15% Target
    $694,365
    Eliminate 724 chargebacks
    Deeper Analysis and Solution Hypotheses

    Understanding root causes and identifying intervention points

    The data surfaces where the problem lives — the next phase is understanding why. That means going into the bullpen: listening to calls, talking to agents, and seeing how they actually operate day to day. From there, the focus shifts to identifying the specific pain points driving early lapses — whether that's how policies are presented, gaps between agent behavior and SafeLife's guidelines, or something else entirely. Once the real levers are clear, Peach Pilot products are designed to address them directly: taking what the best agents do naturally, codifying it into a repeatable system, and putting that system in front of everyone.

    At 15%: $694,365 recovered. At 5%: over $1M recovered. The carriers, agents, and timing windows driving the highest rates are already identified — the next step is turning those findings into targeted intervention.

    Source: SSoT_Consolidated.xlsx — "Single Source of Truth" sheet. Life policies only; Annuity, Life and Annuity, and Advance product types excluded. All figures computed deterministically from raw rows. n = 3,909 life policies; 1,310 chargebacks. Recovery figures use avg CB of $959.07; elimination counts = (current rate − target rate) × total policies.